Post
Topic
Board Economics
Re: I am out of here!
by
MatTheCat
on 13/04/2013, 04:18:25 UTC
ehh, wtf, people. What's with this "OMG! BITCOIN CRASHED" whining? Right now it is $92.78/BTC1 on BTC-e. Bitcoin is still the most expensive currency in the world. Show me other currency that is worth at least $50/unit. Besides, Gold is dropping in value too. So what?

Some people will have lost a lot of money.

Most people on here are no longer quite as rich as they used to be, as their utterly 'obscene Bitcoin' profits have shrunk to merely 'obscene' profits.

Now that sentiment has turned negative, I would imagine that save for a dead cat bounce or ten, that Bitcoin is going to trend lower over the next period of time until some stability and trust has been restored.

Of course, what the hell do I know, I never seen the bull explosion coming so I dont know what makes me qualified to the near term future in Bitcoin now.